US EditionColombia's Ecopetrol Hits 4-Year High on Reserves
Ecopetrol's proven reserves increased 2.7% to 1,944 million barrels of oil equivalent with a 121% replacement ratio driven by enhanced recovery and new contracts, the highest in four years.
- Ecopetrol reported proven reserves of 1,944 million barrels of oil equivalent as of the end of 2025, a 2.7% increase under SEC standards. The reserves replacement ratio was 121%.
- Company reports show contributions stemmed from enhanced recovery in Castilla, Chichimene and Akacias, and contracts with the Agencia Nacional de Hidrocarburos, reaching 300 mmboe in the last four years.
- The company detailed that reserves replacement ratio reached 121%, driven by revisions 140.8 mmboe, extensions 16.1 mmboe, and production 248.0 mmboe.
- National impact is evident as 99% of 1P reserves were certified by Ryder Scott Company, DeGolyer & MacNaughton, and GaffneyCline & Associates, with Ecopetrol responsible for more than 60% of national hydrocarbon production and employing more than 19,000 people.
- Despite weaker oil prices, Ecopetrol achieved reserve gains despite a 13.9% decline in Brent and expanded through its ISA 51.4% acquisition across regional operations.
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Colombia's Ecopetrol Hits 4-Year High on Reserves
3 Key Points —Colombia’s Ecopetrol closed 2025 with proven reserves of 1,944 million barrels of oil equivalent (MBOE), up 2.7% from 2024, marking the highest reserve addition in four years despite a 13.9% drop in the Brent reference price to $68.64 per barrel. —The reserve replacement index reached 121% — meaning Ecopetrol incorporated 1.21 new […]
The Berkshire Eagle
Ecopetrol records 1,944 billion barrels of oil equivalent in proven reserves at the close of 2025, replacing 121% of production, with the highest contribution in the last four years
Proven reserves totaled 300 mmboe, the highest value in the last four years.The reserves replacement ratio reached 121%, driven by the execution of recovery projects.The average reserve life stands at 7.8 years for the Ecopetrol Group.
Ecopetrol posts 1.94 Bboe in proved reserves, replaces 121% of production in 2025
(World Oil) – Ecopetrol reported proved reserves of 1.94 Bboe at year-end 2025, representing a 2.7% increase from 2024 and marking the company’s highest annual reserve additions in four years. The Colombian national oil company added 300 MMboe of proved reserves during 2025 and achieved a reserves replacement ratio of 121%, driven primarily by enhanced recovery projects and improved operational performance across key producing assets. The group’s
Ecopetrol's main headquarters. Credit: Facebook by Ecopetrol Ecopetrol reported that at the close of 2025 its proven (1P) oil, condensate and natural gas reserves amounted to 1,944 million barrels of oil equivalent (MBPE), representing an increase of 2,7 % compared to the level recorded at the close of 2024. The figures were estimated under the standards of the U.S. Securities and Exchange Commission (SEC) and 99% of the reserves were certified …
This indicator confirms that, for each barrel produced during the year, the company managed to incorporate 1.21 new barrels into its proven reserve portfolio
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